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30-10-2014 22:52:00 | by: Administrator | hits: 19108921 | Tags:

Openet continues its global expansion with new offices in Canada and South Africa
21-11-2019 | 11:24:00
Openet, a leader in Digital BSS, announced that it has opened two new offices in Canada and South Africa, to better meet global demand for its innovative digital BSS portfolio.
Qatar Petroleum announces successful startup of a refinery venture in Egypt
20-11-2019 | 10:26:22
Qatar Petroleum announced the successful start-up of the Egyptian Refining Company (ERC) Refinery project located in Mostorod, north of the Egyptian capital Cairo.
Telecom Egypt achieves EGP19bn revenues in 9M 2019
18-11-2019 | 10:10:00
Telecom Egypt company achieved revenues of EGP19bn during the first nine months of this year, a growth of 10% over the same period last year, due to an increase in revenues from data services by 35%.
Afreximbank supports Egypt's establishment of Export Risk Guarantee Company
18-11-2019 | 08:56:00
"Egypt’s decision to establish an export risk guarantee company will allow it to be a key driver in the implementation of the African Continental Free Trade Area agreement."
SDX Energy commences production at South Disouq concession, Egypt
13-11-2019 | 10:47:00
SDX Energy, the MENA-focused oil and gas company, is pleased to announce the commencement of production from its operated South Disouq concession in Egypt.
Egypt set to launch Tiba 1 communication satellite to bridge digital divide
13-11-2019 | 09:15:00
Egypt is poised to launch its first ever communication satellite "Tiba 1", which will be earmarked for public and trade telecommunication services.
Mastercard partners with e-finance to digitize online government payments across Egypt
12-11-2019 | 12:23:00
Mastercard has signed a strategic partnership agreement with e-finance, Egypt’s first fintech company, to support the digitization of online government payments across the country.
LOC awarded marine assurance and inspection contract with BP Egypt
12-11-2019 | 10:06:00
LOC announces that it has become the third-party provider for marine assurance & inspection with BP Egypt.
[Interview] Walid Amer, Partner & Senior Associate, Elevate Business Consulting, Egypt
12-11-2019 | 08:26:00
Walid Amer is an experienced Certified Management Accountant with proven leadership expertise in assisting others in understanding the instrumental role finance data plays in improving business processes.
Vodafone International acquires Vodafone Egypt's VIS for EGP1bn
11-11-2019 | 13:14:00
Vodafone International has signed a deal to acquire Vodafone Egypt International Services (VIS) platform, one of Vodafone Egypt's subsidiaries in the local market, for EGP 1bn.
ACWA signs Power Purchase Agreement for 200 MW photovoltaic plant in Egypt
06-11-2019 | 09:38:00
ACWA Power has signed a Power Purchase Agreement (PPA) with the Government of Egypt to develop, finance, construct and operate the Kom Ombo photovoltaic plant, which will yield a capacity of 200 MW.
[Egypt] Orascom announces full commercial operation of Ras Ghareb wind farm
06-11-2019 | 07:37:00
Orascom Construction has announced that the construction and commissioning at Ras Ghareb Wind Energy project in Egypt is complete 45 days ahead of schedule.
Andela launches first fully remote center in Egypt
05-11-2019 | 11:41:00
Andela, the global technology company that builds distributed engineering teams with Africa's top software engineers today officially launched its operations in Egypt.
Noble Energy amends gas sales contracts with Dolphinus, increases sales volumes in Egypt
05-11-2019 | 06:25:00
Noble Energy announced that the Company and its partners have amended their agreements for the sale of natural gas to Dolphinus Holdings from the Leviathan and Tamar fields.
Kemin increases footprint in Egypt to globally manufacture and distribute vaccines
04-11-2019 | 12:24:00
Kemin Industries has announced an increased partnership with ME VAC, an animal vaccine manufacturer in Egypt, to further expand the Kemin portfolio in the global animal vaccination market.
Alfredo Abad appointed head of European Investment Bank, Egypt
04-11-2019 | 10:47:00
The European Investment Bank has appointed Alfredo Abad as the bank’s head of the Cairo office to strengthen engagement with Egyptian partners.
Eni discovers resources in the Gulf of Suez offshore Egypt
28-10-2019 | 08:25:46
Eni has discovered new resources in the Abu Rudeis Sidri development lease, in the Gulf of Suez.
Shell Egypt to market its current onshore upstream assets, focus on offshore gas growth
22-10-2019 | 06:19:00
Shell Egypt is to market its current onshore upstream assets in the Western Desert in order to fully concentrate on growing its Egyptian offshore exploration and integrated gas business.
[Egypt] Afreximbank to roll out quality assurance centres to support compliance with international standards and technical regulations
17-10-2019 | 12:12:00
Recognizing the negative impact on trade for African countries, the Afreximbank has introduced an initiative to tackle non-compliance with international standards and technical regulations.
Egypt-Portugal investments hit over $450 million , FEDCOC
17-10-2019 | 08:40:00
President of the Federation of the Egyptian Chambers of Commerce (FEDCOC) Ibrahim El Arabi said the volume of investments between Egypt and Portugal amounted to more than $450 million.
[Egypt] RiseUP acquires MENA online startup company StaterHub
17-10-2019 | 06:08:00
RiseUp, a Cairo-based platform that connects startups to resources worldwide, has acquired StarterHub, a Middle East and North Africa (MENA) focused online startup community.
Egypt bets on Dabaa nuclear plant to bolster modern tech transfer
16-10-2019 | 12:14:02
El Dabaa Nuclear Power Plant (NPP) project will help transfer advanced technologies to Egypt, Minister of Electricity and Renewable Energy Mohamed Shaker said.
[Egypt] Cairo joins the Emirates A380 network
16-10-2019 | 07:01:00
Following the recent debut of its flagship A380 aircraft to Cairo, Emirates will introduce a regular scheduled commercial A380 service to the Egyptian capital starting from 27 October 2019, four times a week.
ADES, Vantage secures second deepwater drilling campaign in Egypt
15-10-2019 | 06:55:00
ADES International has entered into a second deepwater drilling campaign with a top tier international oil company for deepwater drilling services in the Egypt.
Egypt's trade deficit drops near 19%
14-10-2019 | 09:41:00
Egypt’s trade deficit declined 18.9 percent during July 2019, recording $4.21 billion, compared to $5.18 billion in the same month of 2018, according to the state's statistics agency CAPMAS.
Five African countries initiate banking reforms to drive development and tackle climate change, report
11-10-2019 | 11:02:00
Thirty-eight emerging market economies, including five countries in Africa, have initiated key banking reforms to drive development and fight climate change, according to the second Global Progress Report.
IFAD opens regional office in Egypt, provides rural development support to countries in the region
08-10-2019 | 14:30:00
IFAD has opened a regional office in Cairo to serve as a strategic rural development center for its work to reduce poverty, empower women and youth, and create employment opportunities in seven countries across the region.
[Egypt] Hyatt announces plans to open Hyatt Regency Cairo West in 2020
08-10-2019 | 14:12:00
Hyatt Hotels Corporation announced that a Hyatt affiliate has entered into a franchise agreement with ALDAU Development group for a Hyatt-branded hotel in Cairo, Egypt.
Egypt, Germany to cooperate on digitizing industrial sector
04-10-2019 | 06:05:00
Deputy Trade and Industry Minister Ahmed Taha reiterated cooperation with the German side in the digital transformation of Egypt's industrial sector.
[Egypt] American University in Cairo moves to Ellucian cloud to drive innovation and digital transformation
03-10-2019 | 11:39:36
Ellucian, the leading provider of software and services built to power higher education has announced that the American University in Cairo has to move its Ellucian Banner student information systems (SIS) to the cloud.
Ericom Software and RAS Infotech partner to edliver remote browser isolation technology in Africa
03-10-2019 | 11:33:00
Ericom Software, a leader in Zero Trust Browser Isolation and Secure Access solutions is partnering with RAS Infotech, a provider of complete Network Security Solutions in the Middle East and Africa
MoneyGram partners with Agricultural Bank of Egypt to offer in-branch services
30-09-2019 | 11:09:11
MoneyGram, a global money transfer company,has announced a partnership with Agricultural Bank of Egypt (ABE), one of the biggest agricultural banks in the Arab world and Middle East.
EgyptAir and Lufthansa extend their codeshare cooperation
30-09-2019 | 11:01:48
EgyptAir and Lufthansa will extend their codeshare operation offering further connections to both airlines’ customers in Europe and Egypt.
Emirates launches first A380 service to Cairo
30-09-2019 | 08:49:00
Emirates will be operating its A380 service to Cairo International Airport on 2 October 2019, making it the first scheduled commercial airline to operate an A380 flight into Egypt.
[Egypt] MaxAB closes landmark $6.2m seed round
26-09-2019 | 07:57:54
MaxAB, an Egyptian B2B e-commerce marketplace that connects informal food and grocery retailers with suppliers via an easy-to-use app, has secured seed funding of $6.2 million, one of the largest ever seed rounds raised by a MENA startup.
Egyptair enters codeshare agreement with United Airlines
19-09-2019 | 06:30:00
EgyptAir has entered a codeshare agreement with United Airlines.
Eni starts production of Baltim South West field offshore Egypt
17-09-2019 | 10:15:00
Eni announces the successful commissioning and start-up of production of the offshore Baltim South West gas field in Egypt.
[Startup Interview] Radwa Khairy, Founder, Talents Fit, Egypt
16-09-2019 | 08:49:00
Radwa Khairy has over a decade's worth of experience in the Human Resources, Hospitality and Travels fields. In December 2018, she founded Talents Fit, a recruitment platform servicing human resourcing and employment needs in Egypt.
Telecom Egypt, ACUD enter agreement for EGP40b telecom and smart services network
16-09-2019 | 08:10:00
Telecom Egypt and the Administrative Capital for Urban Development have signed an agreement to build and operate a telecom networks in the new administrative capital as well as to provide smart and security services networks.
GAC TR signs exclusive marketing contract with EgyptAir Cargo
13-09-2019 | 12:57:00
ECS Group’s Turkish subsidiary GAC TR (Globe Air Cargo Turkey) has signed an exclusivity contract with EgyptAir Cargo to begin optimising marketing of its cargo offering from September.
Egypt signs agreement with China to export dates
13-09-2019 | 06:06:00
Egypt and China have inked a memorandum of understanding (MOU) on exporting fresh Egyptian dates to China.
Egypt, China mull new investment in manufacture of electric cars
12-09-2019 | 08:43:00
Egypt Public Businesses Minister Hisham Tawfiq has held discussions with Chinese Minister Miao Wei on cooperation in manufacturing electric cars through developing El Nasr Automotive company and the Engineering Company for Car Industry.
Telecom Egypt, Administrative Capital for Urban Development partner to provide telecom and smart services network
12-09-2019 | 06:11:00
Telecom Egypt and the Administrative Capital for Urban Development (ACUD) have signed an agreement to build and operate a telecom networks in the new administrative capital.
Egypt’s foreign reserves hit near $45b
09-09-2019 | 08:05:49
Egypt’s foreign reserves have risen by about $52 million, recording $44.969 billion by the end of August 2019, compared to $44.917 billion by the end of July 2019, according to the Central Bank of Egypt.
[EGYPT] PAYFORT to offer flyEgypt new online payment solution for passenger
06-09-2019 | 08:37:02
flyEgypt is partnering with online payment solution provider and Amazon subsidiary, PAYFORT to offer new payment solution for passengers.
South Africa, Nigeria and Egypt remain largest smartphone markets in Africa, IDC
29-08-2019 | 06:44:00
The Africa mobile phone market declined 1.8% quarter on quarter, QoQ, in Q2 2019, according to the latest figures announced by International Data Corporation.
Egyptian Silicon Industries Company and Silicon Waha ink deal to increase production of smartphones
28-08-2019 | 12:44:00
Egyptian Silicon Industries Company and Silicon Waha have entered a deal to increase the production capacity of SICO factory for smart phones and tablets, in New Assiut Technology Park.
[Egypt] Zohr gas production reaches 2.7 bcfd
27-08-2019 | 05:50:00
Eni announces that the production from Zohr field has now reached more than 2.7 billion cubic feet per day (bcfd), about 5 months ahead of the Plan of Development (PoD).
African Liquefied Natural Gas to attract $103 billion in 2019
22-08-2019 | 06:21:00
Africa is an exciting frontier in the global natural gas sector. The continent holds 7.1 percent of proven global gas reserves.
Telecom Egypt records EGP6.6b in revenues, 24% growth
19-08-2019 | 09:22:54
Telecom Egypt has announced its second quarter of 2019 results ending on 30 June, stating that total revenues recorded EGP 6.6 billion, growing by 24 percent year-over-year.
EgyptAir’s B787-9 Dreamliner set to fly to Beijing
16-08-2019 | 06:47:06
EgyptAir has said that the first ever flight for the sixth and last Boeing 787-9 Dreamliner is set to be operated on the company's route to Beijing on Sunday.
Telecom Egypt signs new deal with Huawei, ZTE, China Telecom
12-08-2019 | 10:22:00
Telecom Egypt is setting strategies to develop its systems and broaden its networks, and has signed an agreement with Chinese technology company Huawei.
Telecom Egypt records LE 2.13b profits in Q1/2019
12-08-2019 | 07:15:00
Telecom Egypt recorded consolidated profits of LE 2.13 billion during the first half of 2019, compared to LE 2.06 billion including minority rights during the same half of 2018, marking an increase of 3.49 percent.
Central Bank of Egypt signs agreement with DFSA to fight financial crimes
08-08-2019 | 12:48:00
The Central Bank of Egypt (CBE) has signed a memorandum of understanding with Dubai Financial Services Authority (DFSA) on cooperation in the field of supervising markets.
IFC and MIGA to support landmark wind farm on Egypt’s Gulf of Suez
08-08-2019 | 11:21:00
IFC and MIGA, members of the World Bank Group, signed an agreement to support the development of a 252-megawatt wind farm by Lekela in Egypt’s Red Sea governorate.
EgyptAir maintenance and engineering establishes LM Station in Dubai
08-08-2019 | 09:59:00
EgyptAir maintenance and engineering has signed a partnership agreement with SKAN Aviation to establish a line maintenance station in Dubai International Airport.
Egypt announces new gas discovery in Nile Delta area
06-08-2019 | 08:02:21
The Egyptian petroleum ministry has announced a new gas discovery in the Nile Delta area with an estimated production of 20 million cubic feet per day, which would help the North African country become a regional energy hub.
[Egypt] Fiber Misr and Orange Marine partner to provide submarine cable services
06-08-2019 | 07:20:00
Egypt’s Fiber Misr has entered into a partnership with Orange Marine to establish the first regional centre in Egypt and Africa to provide services for this industry.
Madagascar signs Treaty for African Medicine Agency establishment
06-08-2019 | 07:14:00
The Republic of Madagascar became the fourth AU member states to sign the Treaty for the establishment of the African Medicine Agency (AMA) on 1 August 2019.
Central Bank of Egypt launches fresh standard for risk-free interest rate
05-08-2019 | 11:20:00
The Central Bank of Egypt (CBE) has launched a fresh standard for determining a risk-free interest rate.
[Egypt] Hala El Gohary appointed CEO of Information Technology Industry Development Agency
05-08-2019 | 06:14:00
Egypt Prime Minister Mostafa Mabdouly has appointed Hala El Gohary as the CEO of the Information Technology Industry Development Agency (ITIDA).
[Egypt] Konka set to establish home appliances factory targeting North Africa
01-08-2019 | 06:12:10
KONKA, a Chinese home appliance company, is set to establish a joint venture with the HOHO, an Egypt-based home appliance company, which is followed by an investment for the construction of a new factory.
[South Africa] Trade Minister launches Aberdare Cables R135 million in Port Elizabeth
30-07-2019 | 06:19:35
The South Africa Minister for Trade and Industry Mr Ebrahim Patel has launched Aberdare Cables R135 million High Voltage Power Cables Plant in Port Elizabeth.
[Egypt] Wartsila supports local industries by increasing power plants capacity by two thirds
30-07-2019 | 06:18:38
The technology group Wärtsilä will supply additional capacity for an existing power plant located in Borg El Arab, an industrial city some 45 kilometres southwest of Alexandria, Egypt.
Egypt outpaces the rest of MENA in online retail sales growth
26-07-2019 | 06:35:00
By 2022, B2C E-Commerce sales in the Middle East and North Africa (MENA) are projected to increase two-fold compared to 2019, according to forecasts by Research and Markets company.
Egyptair launches three weekly flights to Douala, Cameroon
25-07-2019 | 06:58:57
Egyptair has launched three flights every week will start operating on Sundays, Tuesdays and Thursdays each week to the city of Douala, Cameroon, via Ndjamena, Chad.
Eni announces new production from the Western Desert and new near field discoveries, onshore Egypt
23-07-2019 | 12:47:00
Eni has announced that production from South West Meleiha Development Lease, located in the Egyptian Western Desert, some 130 Km North of the oasis of Siwa, has started.
Telecom Egypt and Cable Network Egypt partner to enable IPTV services
22-07-2019 | 14:16:13
Telecom Egypt has signed a strategic partnership agreement with Cable Network Egypt to provide Egypt’s customers with Internet Protocol television services.
[Egypt] WFP celebrates long-standing partnership with the European Union
18-07-2019 | 13:07:06
The United Nations World Food Programme (WFP) and the European Union (EU) celebrated their five-year-long partnership in Egypt during which they have assisted more than 2.3 million people in collaboration with the Egyptian Government.
[Column] Michael Arum: Sugar industry faces exacerbated decline and extinction on proposed regulations in Kenya
18-07-2019 | 12:35:08
Kenya’s sugar industry has many natural advantages, almost all of which have been undermined by policy and public mismanagement that has seen its productivity slump.
FVC and Avaya to assist businesses across Africa deliver next-generation digital experiences
18-07-2019 | 08:37:00
FVC has partnered with Avaya Holdings Corp. to help businesses across North, West, East, Central Africa and Egypt deliver unmatched customer experiences with Collaboration and Cloud Communications.
South Africa and Nigeria lead in Africa’s B2C e-commerce market, report
16-07-2019 | 06:34:11
E-Commerce currently accounts for a small percentage share of total retail sales in Africa according to the latest report by Research and Markets.
Telecom Egypt and Etisalat Misr sign four agreements to provide virtual fixed voice and bitstream services
15-07-2019 | 06:03:26
Telecom Egypt and Etisalat Misr have signed four agreements to maximize their customers’ interest and provide them with the best services available in the Egyptian market.
Operational phase of the African Continental Free Trade Area launches in Niger
08-07-2019 | 13:15:40
The operational phase of the African Continental Free Trade Area, AfCFTA has been launched after a day-long summit of Heads of State and Government of the African Union (AU) in the Nigerien capital.
Telecom Egypt and Banque Misr partner to launch WE mobile wallet
05-07-2019 | 11:06:00
Telecom Egypt and Banque Misr have signed an agreement in preparation of the launch of WE mobile wallet.
Telecom Egypt upgrades internet speed services
02-07-2019 | 15:24:00
Telecom Egypt yesterday, Monday, announced that it increased the capacity of packages offered to customers in line with the new speeds and quality of internet services.
[Egypt] Banks close in on EGP40bn profit in Q1
02-07-2019 | 10:54:00
Banks operating in the Egyptian market achieved a net profit of EGP 39.29bn at the end of March, according to the Central Bank of Egypt.
Etihad Airways launches seasonal flights to Alexandria, Egypt
01-07-2019 | 10:45:00
Etihad Airways is preparing to launch seasonal summer flights from Abu Dhabi to the historic Egyptian city of Alexandria.
FonYou partners with Egyptian operator to deploy AI for unbanked subscribers
27-06-2019 | 09:49:00
fonYou has announced that it is partnering with a mobile operator in Egypt to deploy its iCarrier Data platform for the distribution of hyper-personalized airtime, data bundles and other carrier products.
Etihad Airways prepares to launch seasonal flights to Alexandria, Egypt
27-06-2019 | 08:10:00
Etihad Airways is preparing to launch seasonal summer flights from Abu Dhabi to the beautiful and historic Egyptian city of Alexandria, one of oldest continuously-inhabited locations in the world.
Nigeria, Kenya, South Africa most active smart cities in Africa, SAP
26-06-2019 | 09:09:00
South Africa, Nigeria, Kenya, Egypt and Morocco hold some of the most active tech hubs in Africa, with the total number of these hubs in Africa having grown to 442 in 2018.
Telecom Egypt and Juniper Networks in deal to enable digital transformation for Egypt’s enterprises
26-06-2019 | 06:48:00
Telecom Egypt and Juniper Networks have signed a Memorandum of Understanding further cementing Juniper’s position as a strategic technology provider for Telecom Egypt.
Mastercard unveils payment innovation to help Egypt achieve digital economy vision
25-06-2019 | 12:34:18
Mastercard unveiled its cutting-edge payment designed to help Egypt achieve its digital economy vision.
[Egypt] Banque du Caire goes live with Temenos to redefine digital customer experience
25-06-2019 | 10:47:00
Temenos has announced that Banque du Caire has gone live with Temenos Infinity, the omni-channel digital banking product to transform the bank’s multiple banking channels.
ADES secures new contract in Egypt, extends contract in Algeria
25-06-2019 | 08:41:00
ADES International, a leading oil & gas drilling and production services provider in the MENA region has been awarded a new two-year contract in Egypt and has signed a one-year contract extension for its onshore rig RIG 828 in Algeria.
Six Comesa countries sign regional air transport liberalization pact
21-06-2019 | 11:05:00
Six COMESA countries have so far signed the Commitment towards establishment of a single African Air Transport Market.
Central Bank of Egypt launches first financial technology portal to support digital transformation
21-06-2019 | 06:15:00
The Central Bank of Egypt (CBE) has launched the first national financial technology portal.
EgyptAir receives its third B787-9 Dreamliner
18-06-2019 | 12:13:00
EgyptAir has received its third aircraft B787-9 Dreamliner as part of a deal for six aircraft that EgyptAir had purchased to join its fleet, all arriving in June and July.
Egypt, China trade exchange hits $13.8b in 2018
17-06-2019 | 11:19:00
Trade exchange between Egypt and China increased 27.6 percent during 2018, recording $13.8 billion.
Egyptair launches three weekly direct flights to Washington
13-06-2019 | 08:35:00
EgyptAir has launched non-stop three times a week service between Cairo and Washington's Dulles International Airport.
OPIC Board approves $87 million Lekela BOO Wind Power Plant Project in Egypt
13-06-2019 | 08:22:42
The Overseas Private Investment Corporation (OPIC), approved $87 million in financing to Lekela Egypt Wind Power BOO S.A.E. to support economic growth in Egypt through the development of critical power infrastructure.
Egypt, Japan sign 7.5-million-pound grant
07-06-2019 | 13:00:00
Egypt and Japan have signed a 7.5-million-pound grant to back Egyptian-Japanese management unit,
EgyptAir signs deal with AeroMobile to provide inflight communications services
05-06-2019 | 13:06:00
Egypt national carrier EgyptAir has announced an agreement with AeroMobile, a subsidiary of Panasonic Avionics Corporation, to provide inflight communications services for its Boeing B787-9 aircrafts.
Air Arabia Egypt launches direct flights between Sharm El Sheikh and Naples
05-06-2019 | 06:12:00
Air Arabia Egypt has announced the launch of its new direct flight from Sharm El Sheikh in Egypt to Naples in Italy starting July 15, 2019.
BP to divest mature oil assets in Egypt to Dragon Oil
04-06-2019 | 11:06:39
BP has agreed to sell its interests in Gulf of Suez oil concessions in Egypt to Dragon Oil, the Dubai-based oil and gas company.
Egypt-Spain trade volume reaches €643 million in first quarter of 2019
03-06-2019 | 13:06:00
The trade volume between Egypt and Spain increased 11.6 percent in the first quarter of 2019 to record €642.9 million.
Vodafone Egypt bets on Nokia’s cloud based Subscriber Data Management solution to bolster operations
28-05-2019 | 12:15:00
Nokia is deploying a cloud-based Subscriber Data Management (SDM) solution that enables Vodafone Egypt to offer innovative services to its 4G customers.
Central Bank of Egypt to increase capital to LE20bn
27-05-2019 | 11:33:00
The Central Bank of Egypt will raise its capital to LE20 billion following the adoption of the new bill on banks, currently being discussed by the Cabinet.
[Egypt] Microfinance portfolio in banks hits EGP 6.94bn in Q1 2019
27-05-2019 | 11:07:03
The microfinance portfolio of the banks operating in the Egyptian market reached EGP 6.94bn at the end of the first quarter (Q1) of this year.
Telecom Egypt doubles profit to LE1.6B in Q1 2019
20-05-2019 | 13:34:24
Telecom Egypt has announced its consolidated profits during the first quarter of 2019 on a year-on-year basis, doubling its net profit to LE 1.6 billion, with a margin of 27 percent.